The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Evolution Mining (EVN) strikes fresh gold and copper mineralisation at the new Bert area within its Ernest Henry operation in Queensland
  • The latest assay results from the Bert area include 64 metres at 0.76 grams per tonne (g/t) gold and 1.39 per cent copper
  • Evolution says the results also delineate a new gold-rich domain along the hanging wall of the Bert domain
  • The mineralisation at Bert remains open down-plunge, and EVN plans to launch a follow-up drilling program in the area in the second half of 2023
  • Evolution Mining is trading 1.32 per cent higher at $2.70 at 11:13 am AEDT

ASX 200-listed Evolution Mining (EVN) has struck fresh gold and copper mineralisation at the new Bert area within its Ernest Henry operation in Queensland.

The company said the new mineralisation area lay below and adjacent to the existing open pit at Ernest Henry.

The company’s recent drilling work at Bert returned assays such as a downhole width of 64 metres grading 0.76 grams per tonne (g/t) gold and 1.39 per cent copper and 50 metres at 0.68 g/t gold and 1.12 per cent copper.

Evolution said the results also delineated a new gold-rich domain along the hanging wall of the Bert domain.

The company said the results reinforced the potential for a separate ore body to be developed near the main ore body in the area.

“The ongoing drilling success we continue to see at Ernest Henry highlights the exciting potential for growth at this world-class operation,” EVN CEO and Managing Director Lawrie Conway said.

“The significance of the recent drilling intercepts released today indicates that Bert, located adjacent to the open pit, is a sizable mineralisation domain that remains open down-plunge.”

Bert remains open down-plunge, and Evolution is planning an “aggressive” drilling program at the Bert area in the second half of 2023.

Evolution Mining was trading 1.32 per cent higher at $2.70 at 11:13 am AEDT.

EVN by the numbers
More From The Market Online
The Market Online Video

HotCopper Highlights, Week 50: 4DX above $2/sh, Nanoveu, Ovanti & more

Good Afternoon and welcome to HotCopper Highlights wrapping up Week 50 of the year, I’m Jon Davidson.

‘Potential is enormous’: GreenX likes what it’s found in Tannenberg, is activating acquisition option

GreenX Metals has activated an option to secure control of the Tannenberg Copper Project in Germany,…
The Market Online Video

ASX Market Open: Oz shares heading for W50 weekly gains with Friday rally | Dec 12

ASX today – The third-last week of CY25 may actually end on gains, with a late-on…

Listen: HotCopper Wire CY25 Wrapped – Looking back at Invictus, Kaili, DRO, and more

In the first half of the HotCopper Wire‘s CY25 end-of-year special, Isaac McIntyre and Jonathon Davidson look back over the year that was